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National Bank

Abu Dhabi’s NBAD prices 5-year $750M bond

Abu Dhabi’s NBAD prices 5-year $750M bond

National Bank of Abu Dhabi , the largest lender by market value in the UAE, priced a $750 million 5-year bond late on Monday, with a yield of 3.304 percent.

March 20, 2012 11:05
 
NBAD Cautious Income Fund Raises AED 170 Million

NBAD Cautious Income Fund Raises AED 170 Million

The National Bank of Abu Dhabi (NBAD) has successfully launched its new Cautious Income Fund, targeting a yield of 5 percent per annum.

March 11, 2012 1:20
 
UAE’s NBAD eyes regional mandates

UAE’s NBAD eyes regional mandates

National Bank of Abu Dhabi, the largest lender by market value in the United Arab Emirates, is set to take on regional mandates to add to its home-market advantage, the head of the bank's debt capital markets team said.

March 7, 2012 1:30
 
Qatari lender QNB prices $1B, 5-year bond

Qatari lender QNB prices $1B, 5-year bond

Qatar National Bank , the Gulf state's largest lender by market value, priced a $1 billion five-year bond on Tuesday, the first global issue from a Qatari name this year.

February 15, 2012 2:15
 
National Bank of Oman Q4 profit misses estimates

National Bank of Oman Q4 profit misses estimates

National Bank of Oman , the Gulf state's second largest lender by assets, reported a 25.5 percent rise in fourth-quarter net profit, Reuters calculations show, but the results missed analysts' forecasts.

January 24, 2012 1:40
 
UAE’s Natl Bank of Abu Dhabi appoints M&A head

UAE’s Natl Bank of Abu Dhabi appoints M&A head

National Bank of Abu Dhabi has appointed Michael Aissaoui as head of mergers and acquisitions (M&A) to expand the bank's advisory business, it said on Monday.

January 23, 2012 2:36
 

UAE’s ADIB sukuk price seen mid-200 bps over midswaps

Abu Dhabi Islamic Bank has issued an initial pricing indication for a five-year dollar-denominated benchmark-sized sukuk, or Islamic bond, with pricing set for Tuesday at the earliest, leads said on Monday.

November 22, 2011 2:09
 

UAE bank case against Kuwait’s GIH referred to new court

National Bank of Umm Al Qaiwain (NBQ) said on Tuesday the Dubai court of cessation has referred back the Abu Dhabi-listed lender's case against Kuwait's Global Investment House to the court of appeals.

November 16, 2011 12:45